According to Cryptonews, Ethereum co-founder Vitalik Buterin defended Coinbase's Base blockchain against criticism, emphasizing that Layer 2 solutions provide genuine security guarantees through Ethereum’s base layer. Buterin clarified that Base is non-custodial, with users retaining control over their funds via Ethereum’s smart contract logic. His comments came amid broader discussions about Ethereum’s economic sustainability and infrastructure development ahead of the December 3 Fusaka upgrade. Recent incidents, including the dYdX v3 shutdown and Sony’s Soneium censorship attempt, demonstrated the functionality of Layer 2 escape mechanisms and censorship resistance. Buterin also outlined a mathematical framework for Layer 2 security stages, highlighting the importance of gradual decentralization. The Fusaka upgrade is expected to improve infrastructure and support Ethereum’s long-term economic model.
Ethereum Founder Vitalik Buterin Defends Coinbase's Base Blockchain Amid L2 Controversy
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